Intumescent Coatings Market is Forecasted to Reach US$ 1147.46 Million in 2028, Says Stratview Research

The global intumescent coatings market is projected to witness a growth rate of 4.25% annually from 2023 to 2028 with an anticipated size of US$ 1147.46 million by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global intumescent coatings market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/785/intumescent-coatings-market.html#form

Report Highlights:
Market Size in 2028: US$ 1147.46 million
Growth (CAGR): 4.25% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Intumescent Coatings Market:

The global intumescent coatings market is segmented based on type, substrate type, application technique type, end-use industry type, and region.

Based on type - The intumescent coatings market is segmented as thin-film and thick-film-based intumescent coatings. The thin-film segment is projected to lead the market during the forecast period, owing to its extensive usage in the building and construction industry for passive fire protection.

Based on substrate type - The market is classified as structural and cast iron, wood, and others. The structural steel and cast-iron segments are expected to witness the highest growth during the forecast period, owing to the revival of the construction industry in North America and Europe and the expanding construction sector in the Middle East and Asia-Pacific. Steel and cast iron are the predominant materials used in the construction industry.

Based on end-use industry type - The market is segmented into building and construction, industrial, aerospace, and others. The building and construction industry is expected to lead the market during the forecast period, owing to the rising awareness and regulations regarding fire protection.

To know the most attractive segments, click here:
https://stratviewresearch.com/785/intumescent-coatings-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is likely to project the highest growth during the forecast period. This growth outlook is majorly attributed to the following-

• China, Malaysia, Indonesia, South Korea, Japan, and India are the growth engines of the region's market.
• Economic development in the developing economies, increasing disposable income of consumers, and rising urbanization have led to an increase in infrastructure, building, and construction projects in the region, which in turn, is driving the market for intumescent coatings.
• North America and Europe are the other major markets with substantial growth opportunities, owing to the revival of the construction industry in these two regions after the global subprime crises and Euro debt crises.

Intumescent Coatings Market Drivers:

Some of the key drivers listed in the report are given below.

• Rising awareness
• Stringent government regulations
• The growing importance of safety measures
• Increasing demand for lightweight materials in the building and construction industry

Top Companies in the Intumescent Coatings Market:

Stratview Research has identified the following companies as the top market players.
• AkzoNobel
• PPG Industries, Inc.
• The Jotun Group
• The 3M Company
• The Sherwin-Williams Company
• Hempel A/S
• Promat International NV
• Kansai Paint Co., Ltd.
• Teknos Group Oy
• Carboline

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Intumescent Coatings Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Industrial Coatings Market: https://stratviewresearch.com/3646/industrial-coatings-market.html
• Roof Coating Market: https://stratviewresearch.com/1234/roof-coating-market.html

Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176

About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.